Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• AT MATURITY
  
  Securities requiring interest at maturity pricing are those that do no have periodic interest payments, but rather one interest payment made at the maturity of the security. Interest at maturity formulas differ from Interest Multiplier formulas (Zero Coupon) in that the former are based on simple interest theory while the latter are based on compound interest theory. Certificates of Deposit and Interest Bearing Commercial Paper are examples of this type of security.
  
  Back